What I Am Reading
Wednesday, May 7, 2025
Markets
- Wall St edges up on China trade de-escalation hopes; Fed verdict awaitedReuters
- Investors look to soft data for direction amid trade policy chaosReuters
- U.S. oil production will start to decline due to price plunge, Diamondback CEO warnsCNBC
- Indian markets are undeterred by strikes against PakistanCNBC
- India's appeal for investors dimmed but not derailed by conflict with PakistanReuters
Central banks
- Fed likely to leave rates unchanged as it hunts for clarity on the economyReuters
- The Fed meets with uncertainty permeating the air. Here's what to expectCNBC
- Trump Tariffs: Xi Fortifies China’s Economy Before First Talks on Trade With USBloomberg
- China injects 'tactical' monetary stimulus ahead of US trade meetingReuters
- China Lowers Interest Rates; Makes Bank Lending Easier in Response to Trump TariffsWall Street Journal
Tariffs
- US, China to hold ice-breaker trade talks in Geneva on SaturdayReuters
- The Data Investors Watch for Early Signs of Trump Tariff Trouble—in Five ChartsWall Street Journal
- Trump Still Has a Chance to Remake Rather Than Wreck Global TradeWall Street Journal
- Trump Is Threatening Big Pharma With Tariffs. Tax Changes Might Work Better.Wall Street Journal
- Ford hikes prices on Mexico-produced models, citing tariffsCNBC
- Pandora warns U.S. tariffs will spark sweeping jewelry price increasesCNBC
US
- Weekly mortgage demand suddenly surges, despite lingering economic uncertaintyCNBC
- Trump’s ‘No Tax on Overtime’ Idea Fleshed Out by Republicans—With LimitsWall Street Journal
- IRS lost nearly 1 in 3 tax auditors in DOGE cuts: Treasury reportCNBC
- Return-to-office mandates are already causing major US brain-drains
- Washington DC Home Listings Spike Amid DOGE Federal Worker Job CutsBloomberg
Europe
- Eurozone Shoppers Spend Less as Tariffs Weigh on MoodWall Street Journal
- German Factory Orders Jumped in March as Firms Braced for TariffsWall Street Journal
- German Power Hits Year’s Biggest Gap Over France on Wind LullBloomberg
Industries & companies
- Energy:Google agrees to fund the development of three new nuclear sitesCNBC
- Financials:Banks keep high rates inspired by now-dead CFPB ruleCNBC
- Media:Disney Abu Dhabi theme park and resort comingCNBC
- Pharma:Trump Drug Price Idea Could Cost Industry $1 Trillion: LobbyistBloomberg
- Pharma:WW Files Bankruptcy to Adapt to Chemically Induced Weight-Loss FutureWall Street Journal
Geopolitics & trade
- Pakistan Vows to Respond to India Strikes, Calling Them Unlawful Act of WarWall Street Journal
- How world leaders react to Indian strikes in Pakistan after Kashmir attackReuters
- Trump Middle East Visit: How's Gaza Peace Deal Going?Bloomberg
- European Commission Signs Digital Trade Deal With SingaporeWall Street Journal
- U.S. Orders Intelligence Agencies to Step Up Spying on GreenlandWall Street Journal
Technology
Artificial Intelligence
- Mark Zuckerberg’s Grand Vision: More AI Friends Than Human OnesWall Street Journal